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October 7, 2011

Doom Plus. Gloom Plus.

Last week I linked to a BBC video interview with Alessio Rastani, a trader who predicted that, well, Europe is well and truly fucked, and the rest of us with it, and that he and a lot of other people were prepared to make a lot of money off Europe’s misery.  The response from the Powers That Be was immediate: Rastani wasn’t a real trader, Rastani was one of the Yes Men, Rastani was just a showoff wanting TV time, yadda yadda.

Okay, fine.  Here’s Dr. Robert Shapiro, advisor to the IMF and presidents Clinton and Obama, saying the very same thing.  Again on the BBC.  And PS: he is not one of the Yes Men, okay?

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